ONDO saw 4.019 million tokens worth about $1.4 million transferred to Coinbase from a team-linked wallet, raising concerns about increased supply on exchanges. However, broader market data shows $1.09 million in net outflows, suggesting withdrawals are balancing or offsetting new supply. The price is currently testing a critical support level at $0.345, aligned with the 0.618 Fibonacci retracement, which could hold and lead to a recovery. A break below this level might push the price down to $0.3224 or lower, increasing volatility due to concentrated liquidation zones nearby.
The tokenized-stock market has grown to $3.9 billion, with Ondo Finance holding the largest share at $992.3 million. Together with xStocks and Binance bStocks, these three issuers make up about 74% of the market. Tokenized stocks are blockchain-based...
A wallet linked to mcaavebank.eth transferred 9 million ONDO tokens, valued at about $4.47 million, to the OKX exchange on October 9. While this move makes the tokens available for trading, there is no confirmation that the tokens were sold or traded...
A major ONDO investor sold 9 million tokens worth $4.4 million after five months of liquidity provision, signaling fear amid a crypto market downturn. Despite this, ONDO rebounded from $0.43 to $0.49, supported by Ondo Finance's launch of 24/7 Privat...
On October 9, a wallet holding ONDO tokens for over a year transferred 9 million tokens valued at approximately $4.47 million to the OKX exchange at a price of $0.4963 each. The wallet, known as mcaavebank.eth, had previously provided liquidity for O...
Citrini Research analyzed how tokenization might expand onchain trading and lending, spotlighting projects like Aave, Ondo, and Uniswap. The report notes that increased onchain activity doesn't always lead to higher token prices, emphasizing the impo...
